Canada has initiated a formal dispute complaint against the United States at the World Trade Organization (WTO) over its imposition of import duties on certain steel and aluminium products from Canada.
The trade body which revealed this on Thursday also said that the request was circulated to its members.
Under the dispute settlement understanding - a legal text which outlines various processes of settling trade disputes at the WTO, “the consultations allow parties involved to clarify the facts of the matter and claims of the claimant.
“It also serves to either lay the foundation for a settlement or for further proceedings”
Canada claims that the recent measures which terminate Canada’s exemption from additional duties on steel and aluminum products are inconsistent with US obligations under the General Agreement on Tariffs and Trade (GATT) 1994.
This comes a day after it imposed a 25% tit for tat tariff on US goods including steel, computers and sports equipment.
U.S. President Donald Trump, speaking to reporters in the Oval Office on Thursday, suggested he was not going to change his mind on tariffs.
"We've been ripped off for years and we're not going to be ripped off anymore. I'm not going to bend at all, aluminium or steel or cars," he said.
He also threatened the EU with a 200% tariff hike on wine exports if it doesn’t remove its tariff increase on American whiskey products in an escalation of ongoing tariff tit for tat.
The European Union is yet to react to President Trump’s latest tariff threat as the possibility of a global trade war continues to agitate financial markets and raise fears of economic recession.
Meanwhile G7 ministers meeting in Canada have called for a de-escalation of an impending trade war saying that “a trade war is not convenient for anyone”.
The preliminary results of an investigation into Kazakhstan's armed forces have emerged. The probe was ordered by President ...
Russia struck Ukraine overnight in one of the biggest attacks of the conflict, killing at least 19 people, Kyiv's Foreign Minist...
An investigation into August Hanning, the former head of Germany’s Federal Intelligence Service (BND), has no connection to Azerbaijan,...
Russia's health watchdog said on Tuesday that no cases of plague had been detected among anyone who had come into contact with a Siberian plague institute laboratory worker who died last week, and locals said their lives had barely been disrupted.
An Azerbaijani citizen died and another is missing after a cargo ship was attacked by a drone in the Black Sea, near the coast of Romania on Monday, 5 October, Baku's Foreign Ministry has said.
A large Ukrainian drone attack on Moscow and the surrounding region has killed two people, damaged homes and sparked a major fire at a key fuel facility, according to Russian officials and military bloggers.
Russia struck Ukraine overnight in one of the biggest attacks of the conflict, killing at least 19 people, Kyiv's Foreign Ministry said on Wednesday. Around 70 missiles were fired at Ukraine during the attack, as well as drones, the Ministry said.
The German-Azerbaijani Connectivity Conference 2026 commenced on 6 October in Baku under the title “Mobilising Finance for Infrastructure, Transport, Logistics, Green Energy, and Digitalisation along the Middle Corridor.”
Russia struck Ukraine overnight in one of the biggest attacks of the conflict, killing at least 19 people, Kyiv's Foreign Ministry said on Wednesday. Around 70 missiles were fired at Ukraine during the attack, as well as drones, the Ministry said.
An investigation into August Hanning, the former head of Germany’s Federal Intelligence Service (BND), has no connection to Azerbaijan, informed sources have told AnewZ.
U.S. President Donald Trump has ordered the use of a firing squad to execute former U.S. Army psychiatrist, Major Nidal Hasan, who killed 13 people in a 2009 shooting at Fort Hood, Texas.
Kenya has confirmed its first case of Ebola after a Kenyan citizen who had travelled from the Democratic Republic of Congo (DRC) died in Nairobi, prompting health authorities to launch an urgent contact-tracing operation.
Kosovo's parliament has elected economist and academic Justina Shiroka Pula as the country's new president, concluding a dramatic political process just hours before a constitutional deadline that threatened to dissolve the legislature.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment